Chapter 1658 - 1490 Difficult to Shake (Request Subscription!)
Chapter 1658: Chapter 1490 Difficult to Shake (Request Subscription!)
Three hundred thousand.
Obviously, it can’t meet the demand.
A stock group.
"It’s just like a subscription, you can only buy if you win the draw."
"So troublesome."
"Whose idea was it?"
"Definitely not from the other side; they only wish we’d bring as much capital as possible."
"That’s right."
"Why not fully open it?"
"Needless to say, they are absolutely afraid we’ll all go over there and make the A-shares plunge again. It’s so frustrating, just a few months in, and all the stocks I bought have halved in value, damn market manipulators."
"Can’t entirely blame the market manipulators." Suddenly, there’s a different voice.
"Who else then?"
"I think everyone is at fault. Chasing the rise and killing the fall; when others pull out at a high point, who ends up crashing the price? It’s us who don’t react fast enough when the signs are off."
"You mean if we don’t sell, the stock price won’t fall?"
"Pretty much."
"That’s completely twisted logic."
"Whether it is or not, what’s the point? It’s always like this anyway."
"Suddenly, I feel there’s a point. Every time, the most aggressive sell-off comes from us, causing panic and leading more people to follow suit. Saying we’re responsible isn’t wrong."
"Oh dear, another one who’s not thinking straight."
"What did we do wrong?"
"Helping the market manipulators speak."
"..."
Suddenly.
The group got lively.
Arguments back and forth.
"Haha, everyone, keep going. I’m off first to pave the way."
"Scram! You’re raising the toll, making it hard for us to follow."
"Exactly."
"Not necessarily. Everyone should calm down. The Myanmar stocks have already been driven up quite a bit before we even got there, and indeed there are positive news about the companies."
"But their prices already carry considerable risks, better be cautious."
"Makes sense."
"It makes no sense! If stock market logic were universal, would there still be people losing money?"
"Another one stirring up trouble."
"I don’t care. I’m not sure about other companies, but I definitely trust Tang Qing’s Qingyuan Technology. He’s invested billions in scientific research; surely he’s not just playing around with mobiles."
"Agree with this view."
"I also want to buy stocks of Qingyuan Technology, a bit higher doesn’t matter."
"Decided, I’ll put all my chips on Qingyuan Technology."
"Support Tang Qing."
"..."
In an instant.
The sentiment shifted quickly, and those qualified were eager to try.
Equally excited.
Were the Myanmar stock investors. Huaxia investors wanted to make money, while they waited to make money. Strictly speaking, Huaxia investors were there to take over, but as long as the stock price doesn’t fall, everyone is actually earning.
Nine o’clock.
The time has come. noveldrama
Suddenly.
Myanmar Environmental Technology Company experienced a massive wave of buy orders.
Myanmar Pharma Group likewise.
The reputation of these two companies is so widespread, those wanting to buy Myanmar enterprises are mostly going after these two. Of course, Tang Qing’s Qingyuan Technology is also a major focus for everyone.
These three.
Almost absorbed more than seventy percent of the funds.
Thus.
Before the market even opened.
During the call auction period, each had already risen by several percentage points. Don’t underestimate the single digits; the scale is so large that a few percentage points represent billions of RMB flowing in.
"The scale is really large, very hard to move."
"Exactly, with so many of us, it seems like it’s hardly causing any waves."
"Nonsense, you haven’t even looked at what kind of companies they are. If ranked by market value, Myanmar Environmental Technology Company and Myanmar Pharma Group are the first and second on Huaxia’s A-shares."
"Terrifying."
"Thirty thousand accounts are still too few, and each account’s maximum limit in the first month is only ten thousand RMB. Even if each person uses up their quota, combined it’s only thirty billion RMB."
"Wait until next month, the twentieth, to unlock it to twenty thousand."
"Many people can’t use up their quota, many people don’t have enough. It’s truly a reality that bites."
"Wonder if I can win the draw next time."
The first batch will be thirty thousand, and the second batch has to wait until the middle of next month, also thirty thousand. If this continues, it seems like those applicants will only have a chance by the end of the year.
Just at this time.
The official gave a response.
"Due to both parties’ initial formal transaction data connection, to ensure the stable operation of the system, and for everyone’s fund safety, we’ve chosen to gradually open the quota."
Upon hearing this.
Everyone stopped talking.
System testing.
Fund safety.
This reason was enough to make them quiet down. When it comes to the safety of money, everyone has to take it seriously. It’s just a bit frustrating; if luck is bad, they’ll really have to wait until next year.
By then.
The flowers will have withered.
Those promising stocks from over there will surely be pushed to the sky.
Not acceptable.
They had to fight for survival.
Upon thinking, they realized that if they partnered with others, they could bypass this rule, provided the person is trustworthy. However, many have this idea, but few actually implement it.
...
Fudan.
During break.
The classroom became lively.
Students were discussing where to go during May Day. Some go home, some travel, some have found part-time jobs, and of course, quite a number choose to spend these seven days in the dormitory, being very laid-back.
Zhong Liang came over.
"Tang Qing, where are you going for May Day?"
"Going home."
Tang Qing said.
"Not planning to go out and have fun?"
"No." Tang Qing firmly shook his head.
Went to Switzerland in January.
Went to Myanmar in March.
Went to Saudi in April.
Unless necessary or convenient, Tang Qing really doesn’t want to go out and play again. Going back to Qingyan City to fish sounds nice, as for Sanya’s villa, maybe stay for a few days during summer vacation.
"How about I take a tour in Qingyan City?" Zhong Liang looked at Tang Qing hopefully.
He read travel guides a few days ago.
Qingyan City became the top travel destination in Tang Qing’s province.
"Welcome, head straight to the airport after school in the afternoon."
"I’ll pack up and bring my bag to class in the afternoon."
...
Noon.
Eating lunch.
The TV was broadcasting news about the stock connectivity with Myanmar, hearing the host express optimism about the Huaxia stock market.
Tang Qing shook his head with a smile.
Recovery?
In the short term, he thinks the domestic stock market is out of the question; the financial crisis hasn’t fully erupted yet, Lehman Brothers Bank hasn’t collapsed, then it will be a global financial crisis.
At least seven, eight years ahead of being neither here nor there.
Market manipulators reap what they sow.
Retail investors send money.
For a long time, this is what everyone kept doing.
No solution.
Tang Qing couldn’t change it, powerless to change it. The essence of the stock market is wealth redistribution, it doesn’t create a dime of wealth; if someone wants to earn, someone else will lose.
Counting on everyone to make money.
Would require a perpetual bull market.
That’s impossible.
Even if it’s Myanmar stocks, Tang Qing wouldn’t let them keep going up either. He didn’t want to harvest anyone’s profits but hoped the stock market could play its functional role, not become a money mountain piled higher and higher.
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